Book1 Division07 Title22 Chapter04 Part05

From Thai Codification Draft of 1919

DRAFT: CIVIL AND COMMERCIAL CODE FOR KINGDOM OF SIAM.

BOOK ON OBLIGATIONS.

DIVISION VII. SPECIFIC CONTRACTS.

TITLE XXII. Partnerships and Companies.

Chapter IV. Limited Companies.
Part V. Inspection.
Section 1350.
  • [I] Upon the application of shareholders holding not less than one fifth part of the shares of the company, the Minister of Justice shall appoint one or more competent inspectors to examine into the affairs of any registered company and to report thereon.
  • [II] The Minister may, before appointing any inspector, require the applicants to give security for payment of the expenses of the inspection.

《Genealogies》

  1. Draft of April 1924: -
  2. Code of January 1925: 1215
Section 1351.
  • [I] The directors, employees and agents of the company are bound to produce to the inspectors all books and documents in their custody or power.
  • [II] Any inspector may examine upon oath the directors, employees and agents of the company in relation to its business.

《Genealogies》

  1. Draft of April 1924: -
  2. Code of January 1925: 1216
Section 1352.
  • The inspectors must make a report to be written or printed as the Minister of Justice directs. Copies must be forwarded by the Minister to the registered office of the company and to the shareholders upon whose application the inspection was made.

《Genealogies》

  1. Draft of April 1924: -
  2. Code of January 1925: 1217
Section 1353.
  • All expenses of such inspection must be repaid by the applicants, unless the company, in the first general meeting after such inspection is finished, consents that the same shall be paid out of the assets of the company.

《Genealogies》

  1. Draft of April 1924: -
  2. Code of January 1925: 1218
Section 1354.
  • The Minister of Justice may also, of his own motion, appoint inspectors to report to the Government on the affairs of the company. Such appointment lies entirely within the discretion of the Minister.

《Genealogies》

  1. Draft of April 1924: -
  2. Code of January 1925: 1219